New York Yankees News: Yankees to get partial pay while not playing: Find out more!

New York Yankees, Hal Steinbrenner

New York Yankee players will receive partial play while not playing ball due to the coronavirus shortened season.  The MLB and the Players Association have come to an agreement according to Ken Rosenthal of the Atlantic.  The players have agreed to the proposal as of last night and the owners will vote on it Today.

Here are the main points of the deal, according to Rosenthal and ESPN’s Jeff Passan.

The New York Yankees will give players a salary advance of $170 million for April and May and the players will keep the money if fears over COVID-19 force MLB to cancel the whole season, Passan said. That means Gerrit Cole, Giancarlo Stanton, Aaron Judge, and other Yankees will get paid for the first two months of what would have been the regular season. Rosenthal said the money would be split among four tiers of players, from those with guaranteed deals to players with major league and minor-league splits. It’s unclear how the pie will be split, though it seems likely that the players with the guaranteed deals would get the biggest shares.

  1. New York Yankees Salaries will pro-rated over the length of the remaining season, Rosenthal said. Owners would have been on the hook for $4.5 billion in salaries in 2020 if the full season was canceled and full salaries were paid.

  2. The amateur draft will be five rounds but could go longer if MLB wants, and it won’t happen any later than July.

  3. New York Yankee players will get full-service time if the season isn’t played at all. That means Yankees, who are set to become free agents after this season — such as James Paxton and Masahiro Tanaka would still be able to sign elsewhere without playing in the final years of their deals. Another interesting example: The Red Sox traded Mookie Betts to the Dodgers in the offseason. Betts is set to become a free agent after the 2020 season. It’s entirely possible that the season could get canceled and that Betts would have never played a single game for L.A.

  4. There hasn’t been a decision yet on the length of the new spring training or whether rosters will get expanded to start the season, Rosenthal reported.

New York Yankee principal owner Hal Steinbrenner and all of the other MLB owners to which this deal applies will vote today and will likely approve the deal so that players can be paid and yet the owners don’t get hammered while the season remains undetermined.


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